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20110701
20110731
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to push their economies forward. they have had patterns of much more stagnation. >> britain, for instance. >> looking at britain, for example. we've done this experiment in the united states. for the first term of his presidency, franklin roosevelt focused on getting the economy to grow and the economy enjoyed rapid growth from the floor of the depression. in 1937 he turned his attention to deficit cutting. by the time you got to the 1940 election, unemployment was over 14%. it's very important to avoid an excessively rapid move away from maintaining demand in a situation like this. >> what do you say to people who say, well, this is temporary. you're going to do it for another year and then the money will run out. the long-term solution has got to be that you'd stimulate business investment. that you'd stimulate private sector, and to do that, you need businesses to feel more confident and comfortable with the economy and the government. you've heard this many times. >> i indeed heard it many times. the most important thing that makes businesses confident is a thick order book. the most
Search Results 0 to 3 of about 4 (some duplicates have been removed)